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European hotel transactions news - January 11, 2024 : Thursday, 11th January 2024 : 4Hoteliers 4hoteliers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 4hoteliers.com Daily Mail and Mail on Sunday newspapers.
Archer acquires two Hoxton hotels in London from Norlake Hospitality, Statuto to acquire Mandarin Oriental Paris from MOHG, NH Hotel Group acquires five hotels in Portugal from Minor Hotels, Corum AM acquires two hotels in Warsaw, Poland, from Ghelamco, Silicius sells FERGUS Conil Park hotel in Cadiz, Spain, EPH acquires Hotel des Trois Couronnes in Vevey, Switzerland, Hunton Hotels acquires Holiday Inn Express Southampton, UK, from Brightbay, Atom sells AC Ciudad de Sevilla hotel in Spain, Dutco Group acquires the Mar Hall Resort in Scotland, Thon Property acquires Hotel Terminus Stockholm in Sweden. ....
1/1 The owners of Bradford’s iconic Midland Hotel have been fined £24,000 after admitting a number of health and safety charges, including that they failed to act fast enough to deal with asbestos in the building. But Peel Hotels was told that it would have been fined “a six figure sum” had the company, and the hospitality industry in general, not been left in such a perilous financial situation due to the Covid 19 pandemic. The national hotel chain appeared at Bradford and Keighley Magistrates Court on Tuesday morning charged with four offences relating to asbestos and health and safety failings. The issues had been reported to Bradford Council’s Environmental Health department by Gary Peacock, former manager of the hotel, shortly after he resigned from his role in 2018. ....